NDTV, through its foreign subsidiaries, is suspected to be indulging in gross violations of Indian tax and corporate laws. NDTV Network Plc, UK was set up in November 2006. Its balance sheets were not filed in India. This company has raised and invested huge sums of money in its subsidiaries, NDTV Imagine (now sold), NDTV Lifestyle, NDTV Labs, NDTV Convergence and NGEN Media Services. The main activity of the company...
More »SEARCH RESULT
India Deals Face a Reckoning by Geeta Anand
Jairam Ramesh, India's environment minister, will make a decision in the next week that could define the future of the country: whether to approve a $12 billion South Korean-owned steel plant, the largest potential foreign direct investment ever on the subcontinent. The plant, proposed by South Korea's Posco, has been in the works for years. It already has been cleared by the environment ministry, which Mr. Ramesh runs, and endorsed by...
More »Legal action on personal data misuse by Surabhi Agarwal
In what may change the way banks and cellphone companies as well as official agencies collect and process information about individuals, the government is proposing legislation that will empower citizens with sweeping rights to legal recourse against any misuse of personal data. The first draft of the proposed legislation has been released for public debate by the department of personnel and training (DoPT). The main aim of the umbrella legislation will be...
More »‘Sangharsh' holds dharna against displacement, land acquisition by Jiby Kattakayam
Activist Medha Patkar addressing a rally in New Delhi on Monday against the land acquisition policy of the UPA government. “Sangharsh,” a collective platform of social movements and people's organisations fighting displacement and forcible land acquisition, began a five-day dharna at Jantar Mantar here on Monday. Representatives of people's movements from Assam to Tamil Nadu participated in the “Sansad Gherao” dharna. Among the struggles highlighted was the Assam-based Krishak Mukti Sangram Samiti's...
More »Farmers in Mysore protest land acquisition
While the Yeddyurappa-led BJP government in Karnataka is embroiled in a land scam, farmers are up in arms against the acquisition of their lands for industrial use in Mysore district. They have alleged that the government was acquiring 25,000 acres of land. Dismissing their allegation, authorities have come out with a statement saying that they were acquiring 8,520 acres in the district as a mutual Consent of farmers. The clarification has come...
More »